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Correspondent

Lee Kuan Yew specifically asked to meet Rosmah after Najib became PM

Two months after Najib Razak became PM of Malaysia in Apr 2009, late Minister Mentor Lee Kuan Yew, together with a group of Singapore ministers paid a visit to the Malaysian government in Kuala Lumpur. Strangely in that visit, MM Lee specifically made a special request to the Malaysian government that he wanted to meet Rosmah, Najib's wife. Rosmah was …

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Ms Lum blames SG depressed electricity prices for Hyflux’s woes and hopes for sharp rebound in electricity rates

In a public statement yesterday (22 May), Hyflux Chairman and Group CEO Olivia Lum blamed the depressed electricity prices in Singapore for her company's woes. In particular, Tuaspring, an integrated water and power plant, has been dragging Hyflux's net profit down. Hyflux posted its first ever annual loss last year since listing, and continued losing into the first quarter of …

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Hyflux’s Tuaspring praised by PM Lee 5 years ago now in financial difficulties

At the official opening of Tuaspring Desalination Plant 5 years ago in 2013, Prime Minister Lee Hsien Loong praised Hyflux and Olivia Lum for their ability to come up with a "cost-efficient design" of the plant. "Hyflux won an international competition to design and build this plant. It reflects Hyflux’s capabilities in this rapidly growing industry because theirs was the most …

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Hyflux seeks court protection from creditors

Singapore water treatment firm, Hyflux has applied to the High Court today (22 May) to commence a court-supervised process to reorganise its liabilities and businesses. The company, dragged down by Tuaspring– the first Integrated Water and Power Project in Asia – marked its first full year losses of $116.4 million in 2017. The company also reported losses in the first quarter …

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Anwar thanks Malaysian alternative news site while SG govt wants to stop “fake news”

In a recent interview with Malaysiakini, a Malaysian alternative news site, Mr Anwar Ibrahim who was released from prison on Wednesday (May 16), has expressed his appreciation to Malaysiakini. “At a time when we had massive restrictions, where the media was nothing but incessant propaganda, Malaysiakini was there," Mr Anwar said. "(I’m saying this) not because you (Malaysiakini) have been …

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Dr Mahathir only gives PM Lee half an hour to meet him

Prime Minister Lee Hsien Loong arrived at Kuala Lumpur today (19 May) to meet Dr Mahathir, after the opposition coalition Pakatan Harapan led by Dr Mahathir achieved a historic win at the Malaysia GE14 last Wednesday (9 May). However, Dr Mahathir only met him for half an hour. According to Yahoo news, PM Lee was seen entering the Perdana Leadership …

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